Providence to spin off its in home health care with for-profit venture

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Northwest health care giant Providence Health announced Tuesday it is spinning off its home health division.

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Providence Willamette Falls Medical Center, in Oregon City, Ore., Aug. 2, 2023. Kristyna Wentz-Graff / OPB

Providence’s home health, hospice and community palliative care programs will become part of a joint venture with Compassus, a for-profit company.

The Tennessee-based company provides home health, home infusion and hospice care in 30 states across the East Coast, Midwest and South.

It doesn’t currently operate in the Pacific Northwest, where Providence holds a significant share of the market. Providence operates in seven states: Washington, Montana, Oregon, California, New Mexico, Texas and Alaska…

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